FBO Air, Inc. Hires Chief Financial Officer.

AVOCA, Pa. -- FBO Air, Inc. (OTCBB: FBOR) announced today that it has named Keith P. Bleier as Senior Vice President and Chief Financial Officer.

"We are pleased to welcome Keith to the company," stated William B. Wachtel, chairman of FBO Air, Inc. "Keith is the final piece we have been looking to add to our management team - someone who has senior level accounting experience in a public company, has worked in a fast-paced, multiple-location environment, and who has been involved with merger/acquisition activity. The fact that he has become acquainted with our charter management business over the past 15 months as the point person from the CPA firm that supported our FirstFlight subsidiary prior to and after our merger is a significant additional benefit that will enable Keith to contribute immediately."

Previously, Mr. Bleier was principal for Bonadio & Co., LLP, a Rochester, New York-based CPA firm that offers a wide range of accounting, audit, tax, and management consulting services. Prior to joining Bonadio, Mr. Bleier was the principal accounting and financial officer for Montana Mills Bread Co., Inc., an American Stock Exchange-listed specialty retail and wholesale bakery manufacturer with 29 locations and a national mail order/Internet division. Montana Mills was acquired in 2002 by Krispy Kreme Donut Corp. Mr. Bleier is a Certified Public Accountant and, early in his career, worked for national and regional accounting firms, including PricewaterhouseCoopers.

"I am extremely excited to be joining FBO Air at this important stage in its development," said Mr. Bleier. "In a very short time the company has achieved significant milestones in its three related core business functions and I look forward to participating in many more in the coming months and years. In this regard, I believe the repositioning of our balance sheet through the just completed $5 million private placement of equity speaks to investor confidence in our business model and puts us in a very strong position to consummate certain of the acquisitions we have already targeted and are actively negotiating."

FBO Air is an aviation services company. Our operations are conducted in three core functions: aircraft charter management activities, aircraft maintenance, and the fixed based operations (an "FBO") business. Charter management is the business of providing on-call passenger air transportation. At 17 aircraft, our fleet size ranks in the top 5 largest in the Northeast and top 30 in the United States. An FBO is the primary provider of services such as the fueling, hangaring, maintenance and repair to private/general aviation aircraft operators.

This release includes projections of future results and "forward-looking statements" as that term is defined in Section 27A of the Securities Act of 1933 as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"). All statements that are included in this release, other than statements of historical fact, are forward-looking statements. Although the management of FBO Air believes that the expectations reflected in these forward-looking statements are reasonable, there are no assurances that such expectations will prove to have been correct.